The coronavirus epidemic has clouded the outlook for the Hong Kong stock exchange’s US$40 billion IPO market. Photo: Sam Tsang

Japanese restaurant chain Daikiya pulls Hong Kong IPO as coronavirus outbreak hits deal making

  • Daikiya said it decided not to proceed with the share offer because of the prevailing market conditions
  • The company was planning to raise up to HK$200 million through the IPO by selling 100 million shares at HK$1.60 to HK$2.00 apiece
Topic |   IPO
The coronavirus epidemic has clouded the outlook for the Hong Kong stock exchange’s US$40 billion IPO market. Photo: Sam Tsang
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